Experienced traders all know that automated trading bots are helpful tools and sometimes become indispensable tools for those who aim to optimise their strategies and capitalise on market opportunities. Thanks to the crypto market bull run, trading activities have been increased exponentially, with more and more people using crypto trading bots to assist their trading. Consequently, the crypto trading bot market has seen significant advancements, offering a range of options tailored to various trading styles and preferences.
In this article, we delve into ten of the most prominent crypto trading bots with comprehensive insights into their features, advantages, and potential drawbacks.
1. Cryptohopper
Cryptohopper has been a leading AI-driven trading platform that caters to both novice and seasoned traders. The platform offers automatic trading, social trading, and trailing orders, enabling users to execute trades based on real-time market data and emulate successful traders’ strategies. For advanced users, Cryptohopper provides an AI that learns and adapts to market fluctuations so that it can provide a strategy designer for crafting custom algorithms. The AI agent can also backtest capabilities to evaluate strategies before live deployment.
As of January 2025, Cryptohopper supports integration with 17 major exchanges, including Binance and Coinbase, and offers subscription plans ranging from free to $107.50 per month.
Pros
Advanced AI tools that adapt to market changes.
Comprehensive strategy designer for custom algorithm creation.
Backtesting features to assess strategies prior to live trading.
Integration with major exchanges enhances trading flexibility.
Cons
The extensive feature set may present a learning curve for beginners.
Premium features are accessible only through higher-tier subscriptions.
2. Pionex
Pionex is an attractive option for traders seeking cost efficiency. The platform provides 16 different trading bots, including grid trading and arbitrage bots, allowing users to implement various strategies without incurring additional costs. Pionex aggregates liquidity from major exchanges like Binance and Huobi, ensuring efficient trade execution. Pionex still offers a free platform as of now, so that it’s accessible to a wide range of traders.
Pros
Access to 16 free, built-in trading bots.
User-friendly interface suitable for traders of all experience levels.
Aggregated liquidity from major exchanges enhances trade execution.
Cons
Limited customisation options compared to some competitors.
Lacks advanced features desired by professional traders.
3. Altrady
Altrady is designed for traders seeking a customisable trading experience. The platform supports 19 exchanges and offers features such as real-time market data, advanced charting tools, and a powerful trading terminal.
Additionally, Altrady’s Quick Scanner allows users to identify market opportunities across multiple exchanges, while the Smart Trading feature enables the execution of complex trading strategies with ease.
Pros
Highly customisable interface tailored to individual trading preferences.
Real-time market data and advanced charting tools.
Quick Scanner for identifying opportunities across exchanges.
Cons
Subscription plans may be considered expensive for casual traders.
The abundance of features may overwhelm beginners.
4. Mizar
Mizar focuses on social and copy trading. Users can follow and replicate the strategies of successful traders. The platform supports 11 exchanges and offers a performance-based fee structure, so users pay only when they profit. Moreover, Mizar provides tools for creating and managing custom trading strategies, catering to both passive and active traders. As of January 2025, Mizar charges from 0.0047% to 0.1% fees per trade.
Pros
Social and copy trading features facilitate learning from experienced traders.
Performance-based fees align costs with profitability.
User-friendly interface with tools for custom strategy creation.
Cons
Limited to the 11 supported exchanges, which may restrict some users.
Performance is contingent on the success of copied traders.
5. 3Commas
Professional traders favour 3Commas for its comprehensive suite of tools, including trading bots, portfolio management, and a strategy builder across 18 different exchanges. 3Commas’ SmartTrade terminal allows for advanced order types and conditional orders, providing traders with greater control over their trades.
Pros
Wide range of automated trading bots and strategies.
Advanced order types and conditional orders through the SmartTrade terminal.
Robust portfolio management tools.
Subscription plans as low as $4 and as high as $59 per month (as of January 2025.)
Cons
The platform’s complexity may be daunting for beginners.
Higher-tier features require more expensive subscription plans.
6. HaasOnline
HaasOnline is a platform that prioritises user privacy and offers advanced trading features. Supporting 23 exchanges, it provides a customisable scripting language called HaasScript, enabling users to develop complex trading strategies. HaasOnline also offers backtesting, paper trading, and arbitrage tools, catering to professional traders seeking a high degree of control and customisation.
Pros
Advanced scripting language for creating custom strategies.
Supports 23 exchanges for maximum flexibility.
Fees from $9 to $99 per month
Backtesting and paper trading features enhance strategy development.
Cons
High learning curve for non-technical traders.
Expensive subscription fees for full access to features.
7. TradeSanta
TradeSanta is a cloud-based trading bot that offers a user-friendly interface for beginners. The platform supports various strategies, including grid trading and DCA (Dollar Cost Averaging). TradeSanta is compatible with major exchanges such as Binance, Huobi, and OKX.
TradeSanta is quite affordable, with fees ranging from $14 to $70 per month.
Pros
Easy setup and beginner-friendly interface.
Supports automated DCA and grid trading strategies.
Compatible with multiple top-tier exchanges.
Cons
Limited advanced features for professional traders.
Requires a subscription for premium services.
8. Gunbot
Gunbot is a highly customisable trading bot that allows traders to automate their strategies with flexible settings. It supports more than 100 exchanges and offers a lifetime license option.
However, Gunbot crypto trading bot may not be suitable for newcomers, and Gunbot’s one-time purchase plans typically range from $99 to $1,499.
Pros
One-time purchase model instead of monthly fees.
High degree of customisation for experienced traders.
Supports over 100 exchanges.
Cons
Requires manual setup, which may be challenging for beginners.
High initial cost compared to subscription-based bots.
9. Hummingbot
Hummingbot is an open-source trading bot designed for market-making strategies. It enables traders to provide liquidity and earn profits through arbitrage and market-making tactics. Hummingbot supports 30+ exchanges and allows full customisation via coding.
Pros
Free and open-source with extensive customisation.
Supports a wide range of exchanges and market-making strategies.
Strong community-driven development.
Cons
Requires coding knowledge to maximise potential.
Lacks built-in AI-driven automation features.
10. Bitsgap
Bitsgap offers AI-powered trading automation, portfolio management, and arbitrage strategies. It integrates with over 25 exchanges and provides advanced analytical tools. Subscription plans range from $29 to $149 per month.
Pros
AI-powered automation for optimised trading.
Arbitrage and portfolio management features.
Supports more than 25 exchanges.
Cons
Subscription fees can be costly.
Requires time to master advanced features.
